Product Code: ETC4813835 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Modacrylic Fiber Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting high at 15.40% in 2025, the market steadily declines to 14.32% by 2029.
The modacrylic fiber market in Ethiopia is growing due to its applications in textiles, particularly for creating fire-resistant fabrics. These fibers are increasingly used in protective clothing, home textiles, and industrial applications, offering a combination of durability, comfort, and safety.
The modacrylic fiber market in Ethiopia is growing due to its widespread use in textiles, flame-retardant fabrics, and home furnishings. Modacrylic fibers are valued for their resistance to flames, moisture, and chemicals, making them ideal for protective clothing, upholstery, and other safety-related applications. As Ethiopia`s textile and apparel industries expand, the demand for modacrylic fiber is increasing, supporting market growth.
The modacrylic fiber market in Ethiopia faces limited domestic production and heavy reliance on imports, making products expensive for local consumers and businesses. The market is also hindered by a lack of awareness about modacrylic fiber`s applications and advantages, which limits demand. Additionally, competition from other synthetic fibers, such as polyester and nylon, poses challenges in gaining market share for modacrylic fibers.
The Ethiopian government has implemented policies to promote the production and use of modacrylic fiber in the textile and fashion industries. These policies include offering financial support to manufacturers of modacrylic fiber and encouraging research into its sustainable applications. The governments aim is to reduce dependency on imported textiles and foster a more competitive and self-sufficient domestic textile industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Modacrylic Fiber Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Modacrylic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Modacrylic Fiber Market - Industry Life Cycle |
3.4 Ethiopia Modacrylic Fiber Market - Porter's Five Forces |
3.5 Ethiopia Modacrylic Fiber Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ethiopia Modacrylic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Modacrylic Fiber Market Trends |
6 Ethiopia Modacrylic Fiber Market Segmentations |
6.1 Ethiopia Modacrylic Fiber Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Protective Apparel, 2021-2031F |
6.1.3 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Hair Fiber, 2021-2031F |
6.1.4 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Industrial Fabric, 2021-2031F |
6.1.5 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Modacrylic Pile, 2021-2031F |
6.1.6 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Upholstery and Household, 2021-2031F |
6.1.7 Ethiopia Modacrylic Fiber Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Ethiopia Modacrylic Fiber Market Import-Export Trade Statistics |
7.1 Ethiopia Modacrylic Fiber Market Export to Major Countries |
7.2 Ethiopia Modacrylic Fiber Market Imports from Major Countries |
8 Ethiopia Modacrylic Fiber Market Key Performance Indicators |
9 Ethiopia Modacrylic Fiber Market - Opportunity Assessment |
9.1 Ethiopia Modacrylic Fiber Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ethiopia Modacrylic Fiber Market - Competitive Landscape |
10.1 Ethiopia Modacrylic Fiber Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Modacrylic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |